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First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

MRC Allied buys 31% stake in Rappler

MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Persons of interest in killing of Cebu City ex-convict identified

CEBU CITY, Philippines – The Inayawan police say they have identified two persons of interest in the fatal shooting of a 21-year-old man along the road in Tagunol, Barangay Cogon Pardo, Cebu City on Tuesday, May 7. The shooting incident happened along the road at around 6:30 p.m. The victim was identified as 21-year-old Jonar.....»»

Category: newsSource:  inquirerRelated NewsMay 8th, 2024

Person of interest in stabbing of drunk e-bike driver in Talisay taken into custody

CEBU CITY, Philippines — Police in Talisay City, Cebu have taken into custody a person of interest linked to the fatal stabbing of a 32-year-old e-bike driver along the road in Barangay Dumlog, Talisay City, Cebu on early Friday morning, May 3, 2024. The stabbing attack happened at around 3:00 a.m. and authorities responded around.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

‘Prioritize child’s interest in media coverage’

‘Prioritize child’s interest in media coverage’.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos

74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Earn the highest interest rate on your savings up to 15% p.a. with CIMB summer promo

Until March 31, you can earn up to 15% per annum (p.a.) interest on your savings with CIMB’s Sunk15sed Promo......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Leyte barangay hall attack: Persons of interest identified

Probers have identified two persons of interest in the killing of five people, including three barangay officials, in San Isidro, Leyte on Saturday last week, the Philippine National Police (PNP) announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Banking 101: Unmasking Financial Lingo

Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Investor interest in power gaining steam – Lotilla

Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

People s Initiative or Politician s Interest?

People s Initiative or Politician s Interest?.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Banks reap P92 billion profit in 3 months

Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024